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Stock portfolio currently holds the following investments: Stock Investment (million$) Beta Alpha Co. 1 1.6 Gamma Inc. 2.3 2.9 Theta Corp. 2.7 1.35 Phi Inc.
Stock portfolio currently holds the following investments:
Stock Investment (million$) Beta
Alpha Co. 1 1.6
Gamma Inc. 2.3 2.9
Theta Corp. 2.7 1.35
Phi Inc. 0.5 0.37
How many S&P e-mini contracts do you have to buy /sell to adjust the portfolio beta to 1.2?
The e-mini is currently trading at 2,300 with a $50 contract multiplier.
Provide your answer rounded to an integer with a negative sign indicating a sell (no + sign for a buy).
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